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proxy statement
noun
- a statement containing information, frequently exhaustive, about a corporation, its officers, and any propositions to be voted on, sent to stockholders when their proxies are being solicited for an annual or a special stockholders' meeting.
Example Sentences
The company said in its proxy statement that management succession planning “remains a top priority for the board.â€
One proposal on the company’s proxy statement is an item from the National Center for Public Policy Research, a conservative think tank that is calling on Disney to reconsider its participation in the Human Rights Campaign’s corporate equality index.
Apple, for example, disclosed in its 2024 proxy statement that in 2023 it “actually paid†$106.6 million to Cook — but it also stated that the figure “does not represent cash or equity value realized or paid†to Cook, or to the company’s four other top executives.
Tesla disclosed in its proxy statement in April that the compensation it “actually paid†Musk came to $1.4 billion in 2023.
The response from Issaquah, Wash.-based Costco came in the Dec. 11 proxy statement for its annual shareholder meeting, scheduled for Jan. 23.
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